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WorldEnergyExchange.com to add enhanced transaction capabilities

July 18, 2000

WorldEnergyExchange.com, Inc. (WEXCH.com), an Internet based business-to-business marketplace for energy commodities, products and services, announced today that it was expanding its information and commerce offerings to include a more powerful Request for Bid (RFB) engine and a wider selection of energy industry information. These additional features will increase WEXCH.com's value to energy consumers by allowing them to more efficiently procure energy commodities, compare service offerings, and improve their company's bottom line by decreasing total energy costs.

WEXCH.com's new Request for Bid Engine allows commercial and industrial energy consumers to quickly fill out a short form describing their energy usage and then automatically request bids from multiple suppliers. The solution solves inefficiencies in the newly deregulated energy market by eliminating the time consuming process of separately sending non-standardized requests for bids by fax or mail to multiple suppliers and then waiting for responses that are often difficult or impossible to compare. The WEXCH.com procurement process allows energy consumers to control the bidding process and leverages the power of the competitive market to produce savings.

Based in Worcester, MA, WorldEnergyExchange.com, Inc. has combined its experience in the deregulating energy industry with the power of the Internet to create the most efficient and user-friendly way to purchase energy and related products and services in the deregulated marketplace.

The Company operates in the deregulated energy marketplace helping commercial/industrial energy consumers decrease their energy costs through lower commodity costs, lower procurement costs, and through innovative auditing, and energy management solutions. Whether a company is simply looking for the most competitively priced electricity contract, or wants an enterprise wide energy management solution, WorldEnergyExchange.com is the place to start.

For more information, please visit http:www.wexch.com, email info@wexch.com or call 508-752-2925.